Energy Update
Aug 9 (Reuters) - SolarCity Corp, which recently
accepted Tesla Motors Inc's $2.6 billion takeover
offer, reported an 80.7 percent rise in quarterly revenue as
bookings rose in part due to a redesigned loan offering.
Aug 9 (Reuters) - SunPower Corp, the No. 2 U.S.
solar panel maker, said it would cut about 1,200 jobs, or about
15 percent of its workforce, as it realigns its power plant
business and manufacturing operations.
Aug 9 (Reuters) - SunPower Corp, the No. 2 U.S.
solar panel maker, said it would cut about 1,200 jobs, or about
15 percent of its workforce, as the company realigns its power
plant business and manufacturing operations.
NEW YORK, Aug 9 (Reuters) - A U.S. appeals court on Tuesday
upheld the dismissal of nationwide antitrust litigation accusing
banks and commodity companies of conspiring to drive up aluminum
prices by reducing supply, forcing them to overpay.
CALGARY, Alberta, Aug 9 (Reuters) - Disused oil and gas
wells dotting Canada's energy heartland may bear fruit for
Alberta's farmers under a proposal to use waste heat from the
idle facilities to allow crops to grow, even in the country's
harsh winter conditions.
SAO PAULO, Aug 9 (Reuters) - Enel Green Power,
controlled by Italy's Enel, plans to accelerate by one
year the beginning of construction of three hydroelectric
projects requiring investments of 1 billion reais ($316 million)
in Brazil's Mato Grosso state, the company told Reuters on
Tuesday.
WASHINGTON, Aug 9 (Reuters) - The U.S. State Department has
approved the potential sale of more than 130 Abrams battle
tanks, 20 armored recovery vehicles and other equipment, worth
about $1.15 billion, to Saudi Arabia, the Pentagon said on
Tuesday.
KHARTOUM, Aug 9 (Reuters) - Talks to secure a lasting
ceasefire in Sudan's three war-ravaged regions began on Tuesday,
a day after an opposition coalition signed on to a roadmap for
ending hostilities and achieving political reconciliation.
ST PETERSBURG, Russia, Aug 9 (Reuters) - Russia will phase
out sanctions against Turkey step-by-step but the priority is to
bring bilateral ties between the two countries to their
pre-crisis level, Russian President Vladimir Putin said on
Tuesday.
JOHANNESBURG, Aug 9 (Reuters) - Thousands more workers at
South African power stations plan to join a strike on Wednesday
over pay at state-run utility Eskom, their union said on
Tuesday.
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